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Walnut

Why you'd want to live in Walnut

The history of Walnut dates back to the Indians who were of Shoshone origin. They were called Gabrielino Indians by the Spaniards because they lived in an area controlled by the San Gabriel Mission. Walnut was primarily used for the grazing of cattle and sheep by the Mission. Spaniards who arrived here in the early 1800s introduced the concept of ranchos and started agricultural development and the creation of home sites. The first land grants in the Walnut area were those of the Rancho De San Jose granted to Don Ricardo Vejar and Don Ygnacio Palomares; the Rancho De Los Nogales, issued to Jose De La Cruz Linares; and Rancho La Puente, issued to John Rowland and William Workman in 1842 which consisted of a total of 48,790.5 acres. The City of Walnut was included as part of one of the 24 ranchos belonging to the San Gabriel Mission. In order the preserve part of our community’s history, the City of Walnut’s Bicentennial Commission selected the construction of Lemon Creek Park and the restoration of the William R. Rowland Adobe Redwood Ranch House as Walnut’s bicentennial project. In 1871, the Lemon Creek Park area became the property of Sheriff William Rowland, who inherited the 29,000 acre ranch from his father, John Rowland. The modest structure served as the home of Mr. Meridith, ranch foreman for William Rowland. It was built in 1883. The adobe redwood ranch house is one of the few remaining original ranch style redwood and adobe structures in the area. On October 1, 1975, the State Landmark Committee placed the W.R. Rowland ranch house in the National Registry of Historical Places. The City of Walnut is approximately 8.9 square miles and is home to approximately 30,000 people. It is primarily a residential community with over 600 businesses. The City has a rural charm which is preserved by a well defined general plan. The City of Walnut is a general law city incorporated on January 19, 1959. It is governed by the city council/city manager form of government.

Walnut Market Report

$1,240,297

AVERAGE PRICE OF 112 HOMES

$599,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,822,555

AVERAGE PRICE OF 58 MULTI-MILLION DOLLAR HOMES

$1,227,140

AVERAGE PRICE OF 6 NEWLY BUILT HOMES

$1,545,893

AVERAGE PRICE OF 35 HOMES WITH A POOL

$1,658,950

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $1,240,297
Avg Bedrooms 3.63 beds
Avg Bathrooms 3.01 baths

Average Price by Bedrooms

2 bedrooms $499,087
3 bedrooms $694,075
4 bedrooms $1,143,899
5 bedrooms $1,782,847
Walnut Home Price Trends
  7/2021 6/2021 5/2021 4/2021 3/2021
Total Listings 107 105 93 80 68
Average Price $1,241,973 $1,197,861 $1,144,110 $1,216,932 $1,348,300
Avg Price Change +3.68% +4.70% -6.36% -10.80% n/a
Median Price $1,032,608 $983,121 $941,086 $945,527 $1,035,167
Med Price Change +5.03% +4.47% -0.47% -9.48% n/a
Avg Bedrooms 3.62 beds 3.45 beds 3.35 beds 3.35 beds 3.21 beds
Avg Bathrooms 3.06 baths 2.94 baths 2.79 baths 2.72 baths 2.68 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Diamond Bar 3 $918,262 21 days
Ganesha 1 $239,888 52 days
Nogales 2 $1,159,000 50 days
Rowland 1 $1,098,000 33 days
Walnut 29 $1,537,923 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 112 $1,240,297 53 days
Distressed Homes 1 $599,000 128 days
Multi-Million Dollar Homes 58 $1,822,555 58 days
Newly Built Homes 6 $1,227,140 55 days
Homes with a Pool 35 $1,545,893 49 days
Reduced Price Homes 2 $1,658,950 49 days
Based on information from California Regional Multiple Listing Service, Inc. as of August 2, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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